Markston International 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBOTT LABORATORIES	common stock	002824100	529	6,700	SH		SOLE		6,700	0	0
ABBOTT LABORATORIES	common stock	002824100	4,024	51,000	SH		OTR	1	51,000	0	0
ABBVIE, INC.	common stock	00287Y109	3,109	40,810	SH		SOLE		40,810	0	0
ABBVIE, INC.	common stock	00287Y109	7,132	93,613	SH		OTR	1	93,613	0	0
ACCO BRANDS CORPORATION	common stock	00081T108	1	234	SH		SOLE		234	0	0
ACTUA CORPORATION	common stock	005094107	0	1,500	SH		SOLE		1,500	0	0
AEROJET ROCKETDYNE HOLDINGS, I	common stock	007800105	9	225	SH		SOLE		225	0	0
AES CORPORATION (THE)	common stock	00130H105	37	2,700	SH		SOLE		2,700	0	0
AIR LEASE CORP.	common stock	00912X302	12	550	SH		SOLE		550	0	0
AKORN, INC.	common stock	009728106	0	500	SH		SOLE		500	0	0
ALIBABA GROUP HOLDING-SP ADR	common stock	01609W102	218	1,123	SH		SOLE		1,123	0	0
ALIBABA GROUP HOLDING-SP ADR	common stock	01609W102	2,331	11,985	SH		OTR	1	11,985	0	0
ALLEGHANY CORPORATION	common stock	017175100	22	40	SH		SOLE		40	0	0
ALLERGAN PLC	common stock	G0177J108	649	3,665	SH		SOLE		3,665	0	0
ALLIANCE DATA SYSTEM CORPORATI	common stock	018581108	2	63	SH		SOLE		63	0	0
ALPHABET, INC. CLASS A	common stock	02079K305	552	475	SH		SOLE		475	0	0
ALPHABET, INC. CLASS A	common stock	02079K305	11,245	9,678	SH		OTR	1	9,678	0	0
ALPHABET, INC. CLASS C	common stock	02079K107	4,805	4,132	SH		SOLE		4,132	0	0
ALPHABET, INC. CLASS C	common stock	02079K107	22,933	19,722	SH		OTR	1	19,722	0	0
ALTABA, INC.	common stock	021346101	48	2,181	SH		SOLE		2,181	0	0
AMC NETWORKS INC.	common stock	00164V103	9	375	SH		SOLE		375	0	0
AMERICAN EXPRESS CO.	common stock	025816109	3,844	44,896	SH		SOLE		44,896	0	0
AMERICAN EXPRESS CO.	common stock	025816109	8,252	96,385	SH		OTR	1	96,385	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	3,873	159,701	SH		SOLE		159,701	0	0
AMERICAN INTERNATIONAL GROUP,	common stock	026874784	6,074	250,494	SH		OTR	1	250,494	0	0
ANIXTER INTERNATIONAL, INC.	common stock	035290105	4	50	SH		SOLE		50	0	0
ANNALY CAPITAL MANAGEMENT, INC	common stock	035710409	7	1,400	SH		SOLE		1,400	0	0
APACHE CORPORATION	common stock	037411105	3	700	SH		SOLE		700	0	0
APPLE, INC.	common stock	037833100	15,033	59,117	SH		SOLE		59,117	0	0
APPLE, INC.	common stock	037833100	52,549	206,650	SH		OTR	1	206,650	0	0
AT&T, INC.	common stock	00206R102	5,299	181,770	SH		SOLE		181,770	0	0
AT&T, INC.	common stock	00206R102	9,561	328,003	SH		OTR	1	328,003	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	339	2,479	SH		SOLE		2,479	0	0
AUTOMATIC DATA PROCESSING, INC	common stock	053015103	3,813	27,900	SH		OTR	1	27,900	0	0
AXALTA COATING SYSTEMS LTD.	common stock	G0750C108	4	250	SH		SOLE		250	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	6,436	303,169	SH		SOLE		303,169	0	0
BANK OF AMERICA CORPORATION	common stock	060505104	12,038	567,031	SH		OTR	1	567,031	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	313	9,282	SH		SOLE		9,282	0	0
BANK OF NEW YORK MELLON CORPOR	common stock	064058100	2,289	67,951	SH		OTR	1	67,951	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	5,257	28,756	SH		SOLE		28,756	0	0
BERKSHIRE HATHAWAY, INC. CLASS	common stock	084670702	6,610	36,153	SH		OTR	1	36,153	0	0
BLACK HILLS CORPORATION	common stock	092113109	10	160	SH		SOLE		160	0	0
BLACKROCK, INC.	common stock	09247X101	877	1,994	SH		SOLE		1,994	0	0
BOEING CO. (THE)	common stock	097023105	3,169	21,247	SH		SOLE		21,247	0	0
BOEING CO. (THE)	common stock	097023105	11,558	77,500	SH		OTR	1	77,500	0	0
BOOKING HOLDINGS, INC.	common stock	09857L108	1,277	949	SH		SOLE		949	0	0
BOOKING HOLDINGS, INC.	common stock	09857L108	3,332	2,477	SH		OTR	1	2,477	0	0
BOX,INC CLS. A	common stock	10316T104	5	350	SH		SOLE		350	0	0
BRISTOL-MYERS SQUIBB COMPANY	common stock	110122108	205	3,673	SH		SOLE		3,673	0	0
BRISTOL-MYERS SQUIBB COMPANY	common stock	110122108	2,085	37,400	SH		OTR	1	37,400	0	0
CARROLS RESTAURANT GROUP, INC.	common stock	14574X104	5	2,900	SH		SOLE		2,900	0	0
CATERPILLAR, INC.	common stock	149123101	162	1,399	SH		SOLE		1,399	0	0
CATERPILLAR, INC.	common stock	149123101	1,671	14,400	SH		OTR	1	14,400	0	0
CENTURYLINK, INC.	common stock	156700106	1	75	SH		SOLE		75	0	0
CHUBB LTD	common stock	H1467J104	304	2,720	SH		SOLE		2,720	0	0
CHUBB LTD	common stock	H1467J104	3,694	33,070	SH		OTR	1	33,070	0	0
CITIGROUP, INC.	common stock	172967424	899	21,332	SH		SOLE		21,332	0	0
CITIGROUP, INC.	common stock	172967424	3,791	90,005	SH		OTR	1	90,005	0	0
COCA-COLA COMPANY (THE)	common stock	191216100	51	1,158	SH		SOLE		1,158	0	0
COMCAST CORP CL A	common stock	20030N101	7,158	208,202	SH		SOLE		208,202	0	0
COMCAST CORP CL A	common stock	20030N101	11,548	335,902	SH		OTR	1	335,902	0	0
COMSCORE, INC.	common stock	20564W105	3	1,000	SH		SOLE		1,000	0	0
CONOCOPHILLIPS	common stock	20825C104	1,106	35,900	SH		SOLE		35,900	0	0
CONOCOPHILLIPS	common stock	20825C104	1,826	59,273	SH		OTR	1	59,273	0	0
CORTEVA, INC.	common stock	22052L104	120	5,109	SH		SOLE		5,109	0	0
CORTEVA, INC.	common stock	22052L104	1,399	59,516	SH		OTR	1	59,516	0	0
CRIMSON WINE GROUP, LTD.	common stock	22662X100	0	40	SH		SOLE		40	0	0
CSX CORPORATION	common stock	126408103	3,526	61,544	SH		SOLE		61,544	0	0
CSX CORPORATION	common stock	126408103	5,593	97,616	SH		OTR	1	97,616	0	0
CVS HEALTH CORPORATION	common stock	126650100	5,126	86,400	SH		SOLE		86,400	0	0
CVS HEALTH CORPORATION	common stock	126650100	14,124	238,052	SH		OTR	1	238,052	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	207	5,816	SH		SOLE		5,816	0	0
DISCOVER FINANCIAL SERVICES, I	common stock	254709108	1,364	38,235	SH		OTR	1	38,235	0	0
DOW INC.	common stock	260557103	129	4,404	SH		SOLE		4,404	0	0
DOW INC.	common stock	260557103	1,664	56,901	SH		OTR	1	56,901	0	0
DRIVE SHACK INC.	common stock	262077100	1	400	SH		SOLE		400	0	0
DTE ENERGY COMPANY	common stock	233331107	15	160	SH		SOLE		160	0	0
DUPONT de NEMOURS, INC.	common stock	26614N102	275	8,056	SH		SOLE		8,056	0	0
DUPONT de NEMOURS, INC.	common stock	26614N102	1,964	57,601	SH		OTR	1	57,601	0	0
DXC TECHNOLOGY COMPANY	common stock	23355L106	3	200	SH		SOLE		200	0	0
EBAY INC.	common stock	278642103	185	6,159	SH		SOLE		6,159	0	0
EBAY INC.	common stock	278642103	2,839	94,450	SH		OTR	1	94,450	0	0
ENBRIDGE, INC.	common stock	29250N105	295	10,156	SH		SOLE		10,156	0	0
ENBRIDGE, INC.	common stock	29250N105	3,601	123,800	SH		OTR	1	123,800	0	0
EOG RESOURCES, INC.	common stock	26875P101	62	1,736	SH		SOLE		1,736	0	0
EOG RESOURCES, INC.	common stock	26875P101	554	15,420	SH		OTR	1	15,420	0	0
EXPEDIA, INC.	common stock	30212P303	211	3,755	SH		SOLE		3,755	0	0
FACEBOOK INC.	common stock	30303M102	5,466	32,767	SH		SOLE		32,767	0	0
FACEBOOK INC.	common stock	30303M102	9,097	54,540	SH		OTR	1	54,540	0	0
FITBIT, INC.	common stock	33812L102	13	2,000	SH		SOLE		2,000	0	0
FOX CORP. CL. A	common stock	35137L105	1,359	57,527	SH		SOLE		57,527	0	0
FOX CORP. CL. A	common stock	35137L105	2,158	91,335	SH		OTR	1	91,335	0	0
FRP Holdings, Inc.	common stock	30292L107	4	100	SH		SOLE		100	0	0
GCI LIBERTY INC., CLS. A	common stock	36164V305	251	4,399	SH		SOLE		4,399	0	0
GCI LIBERTY INC., CLS. A	common stock	36164V305	1,298	22,788	SH		OTR	1	22,788	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	3,788	24,503	SH		SOLE		24,503	0	0
GOLDMAN SACHS GROUP, INC.	common stock	38141G104	6,134	39,677	SH		OTR	1	39,677	0	0
HARLEY DAVIDSON, INC.	common stock	412822108	12	650	SH		SOLE		650	0	0
HEALTHPEAK PROPERTIES, INC.	common stock	42250P103	150	6,300	SH		SOLE		6,300	0	0
HEXCEL CORPORATION	common stock	428291108	65	1,750	SH		SOLE		1,750	0	0
HOME DEPOT, INC.	common stock	437076102	959	5,134	SH		SOLE		5,134	0	0
HOME DEPOT, INC.	common stock	437076102	7,664	41,050	SH		OTR	1	41,050	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	797	5,956	SH		SOLE		5,956	0	0
HONEYWELL INTERNATIONAL, INC.	common stock	438516106	6,482	48,450	SH		OTR	1	48,450	0	0
HOSTESS BRANDS, INC.	common stock	44109J106	20	1,900	SH		SOLE		1,900	0	0
ICU MEDICAL, INC.	common stock	44930G107	20	100	SH		SOLE		100	0	0
II-VI, INC.	common stock	902104108	0	15	SH		SOLE		15	0	0
INGEVITY CORPORATION	common stock	45688C107	3	92	SH		SOLE		92	0	0
INTEL CORP.	common stock	458140100	177	3,272	SH		SOLE		3,272	0	0
INTEL CORP.	common stock	458140100	1,798	33,229	SH		OTR	1	33,229	0	0
INTERACTIVE BROKERS GROUP,INC.	common stock	45841N107	60	1,400	SH		SOLE		1,400	0	0
JACOBS ENGINEERING GRP, INC.	common stock	469814107	172	2,174	SH		SOLE		2,174	0	0
JACOBS ENGINEERING GRP, INC.	common stock	469814107	1,974	24,900	SH		OTR	1	24,900	0	0
JEFFERIES FINANCIAL GROUP, INC	common stock	47233W109	8	550	SH		SOLE		550	0	0
JOHNSON & JOHNSON	common stock	478160104	695	5,297	SH		SOLE		5,297	0	0
JOHNSON & JOHNSON	common stock	478160104	5,175	39,466	SH		OTR	1	39,466	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	4,859	53,970	SH		SOLE		53,970	0	0
JPMORGAN CHASE & COMPANY	common stock	46625H100	9,346	103,815	SH		OTR	1	103,815	0	0
KEURIG DR. PEPPER, INC.	common stock	49271V100	2	100	SH		SOLE		100	0	0
LIBERTY BRAVES GROUP SER. A	common stock	531229706	2	95	SH		SOLE		95	0	0
LIBERTY BRAVES GROUP SER. C	common stock	531229888	20	1,038	SH		SOLE		1,038	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	273	2,552	SH		SOLE		2,552	0	0
LIBERTY BROADBAND CORP. - A	common stock	530307107	1,889	17,658	SH		OTR	1	17,658	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	3,896	35,189	SH		SOLE		35,189	0	0
LIBERTY BROADBAND CORP. - C	common stock	530307305	11,606	104,823	SH		OTR	1	104,823	0	0
LIBERTY FORMULA ONE - A	common stock	531229870	6	237	SH		SOLE		237	0	0
LIBERTY FORMULA ONE - C	common stock	531229854	212	7,802	SH		SOLE		7,802	0	0
LIBERTY FORMULA ONE - C	common stock	531229854	1,544	56,700	SH		OTR	1	56,700	0	0
LIBERTY GLOBAL PLC - CLASS A	common stock	G5480U104	199	12,050	SH		SOLE		12,050	0	0
LIBERTY LATIN AMERICA CL A	common stock	G9001E102	10	965	SH		SOLE		965	0	0
LIBERTY SIRIUSXM GROUP SER. A	common stock	531229409	322	10,164	SH		SOLE		10,164	0	0
LIBERTY SIRIUSXM GROUP SER. A	common stock	531229409	3,904	123,207	SH		OTR	1	123,207	0	0
LIBERTY SIRIUSXM GROUP SER. C	common stock	531229607	4,528	143,209	SH		SOLE		143,209	0	0
LIBERTY SIRIUSXM GROUP SER. C	common stock	531229607	11,407	360,739	SH		OTR	1	360,739	0	0
LIONS GATE ENTERTAINMENT-B	common stock	535919500	53	9,545	SH		SOLE		9,545	0	0
LIONS GATE ENTERTAINMENT-B	common stock	535919500	272	48,788	SH		OTR	1	48,788	0	0
LIVE NATION ENTERTAINMENT, INC	common stock	538034109	18	400	SH		SOLE		400	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	1,118	12,994	SH		SOLE		12,994	0	0
LOWE'S COMPANIES, INC.	common stock	548661107	7,813	90,800	SH		OTR	1	90,800	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55825T103	609	2,879	SH		SOLE		2,879	0	0
MADISON SQUARE GARDEN COMPANY	common stock	55825T103	8,261	39,078	SH		OTR	1	39,078	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	1,872	79,245	SH		SOLE		79,245	0	0
MARATHON PETROLEUM CORPORATION	common stock	56585A102	3,168	134,116	SH		OTR	1	134,116	0	0
MARRIOTT INTERNATIONAL,INC. CL	common stock	571903202	196	2,626	SH		SOLE		2,626	0	0
MARRIOTT INTERNATIONAL,INC. CL	common stock	571903202	1,758	23,500	SH		OTR	1	23,500	0	0
MARRIOTT VACATIONS WORLDWIDE	common stock	571644107	3	52	SH		SOLE		52	0	0
MCDONALD'S CORP.	common stock	580135101	2,856	17,274	SH		SOLE		17,274	0	0
MCDONALD'S CORP.	common stock	580135101	4,155	25,130	SH		OTR	1	25,130	0	0
MEDTRONIC INC.	common stock	G5960L103	1,444	16,012	SH		SOLE		16,012	0	0
MEDTRONIC INC.	common stock	G5960L103	12,562	139,300	SH		OTR	1	139,300	0	0
MERCK & CO. INC.	common stock	58933Y105	930	12,086	SH		SOLE		12,086	0	0
MERCK & CO. INC.	common stock	58933Y105	5,486	71,300	SH		OTR	1	71,300	0	0
METLIFE, INC.	common stock	59156R108	188	6,149	SH		SOLE		6,149	0	0
METLIFE, INC.	common stock	59156R108	2,186	71,500	SH		OTR	1	71,500	0	0
MICROSOFT CORPORATION	common stock	594918104	14,374	91,142	SH		SOLE		91,142	0	0
MICROSOFT CORPORATION	common stock	594918104	42,653	270,450	SH		OTR	1	270,450	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	327	6,530	SH		SOLE		6,530	0	0
MONDELEZ INTERNATIONAL, INC.	common stock	609207105	2,840	56,707	SH		OTR	1	56,707	0	0
MORGAN STANLEY	common stock	617446448	3,302	97,114	SH		SOLE		97,114	0	0
MORGAN STANLEY	common stock	617446448	5,154	151,575	SH		OTR	1	151,575	0	0
MSG NETWORKS INC CLASS A	common stock	553573106	34	3,315	SH		SOLE		3,315	0	0
MSG NETWORKS INC CLASS A	common stock	553573106	331	32,445	SH		OTR	1	32,445	0	0
NATIONAL FUEL GAS COMPANY	common stock	636180101	6	150	SH		SOLE		150	0	0
NN, INC.	common stock	629337106	2	1,000	SH		SOLE		1,000	0	0
ON ASSIGNMENT INC.	common stock	00191U102	35	1,000	SH		SOLE		1,000	0	0
ONEOK, INC.	common stock	682680103	5	250	SH		SOLE		250	0	0
ORACLE CORPORATION	common stock	68389X105	4,706	97,363	SH		SOLE		97,363	0	0
ORACLE CORPORATION	common stock	68389X105	10,153	210,086	SH		OTR	1	210,086	0	0
PATRIOT TRANSPORTATION HOLDING	common stock	70338W105	0	33	SH		SOLE		33	0	0
PAYPAL HOLDINGS, INC.	common stock	70450Y103	2,339	24,427	SH		SOLE		24,427	0	0
PAYPAL HOLDINGS, INC.	common stock	70450Y103	18,660	194,900	SH		OTR	1	194,900	0	0
PEPSICO, INC.	common stock	713448108	2,890	24,067	SH		SOLE		24,067	0	0
PEPSICO, INC.	common stock	713448108	8,959	74,600	SH		OTR	1	74,600	0	0
PERSPECTA, INC.	common stock	715347100	2	100	SH		SOLE		100	0	0
PFIZER, INC.	common stock	717081103	2,521	77,243	SH		SOLE		77,243	0	0
PFIZER, INC.	common stock	717081103	4,088	125,248	SH		OTR	1	125,248	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	2,505	34,331	SH		SOLE		34,331	0	0
PHILIP MORRIS INTERNATIONAL, I	common stock	718172109	4,230	57,979	SH		OTR	1	57,979	0	0
PHILLIPS 66	common stock	718546104	1,537	28,655	SH		SOLE		28,655	0	0
PHILLIPS 66	common stock	718546104	2,549	47,510	SH		OTR	1	47,510	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	2,093	19,029	SH		SOLE		19,029	0	0
PROCTER & GAMBLE COMPANY	common stock	742718109	2,568	23,344	SH		OTR	1	23,344	0	0
QURATE RETAIL GROUP, INC.	common stock	74915M100	23	3,692	SH		SOLE		3,692	0	0
QURATE RETAIL GROUP, INC.	common stock	74915M100	244	40,013	SH		OTR	1	40,013	0	0
RAYTHEON COMPANY	common stock	755111507	1,343	10,237	SH		SOLE		10,237	0	0
RAYTHEON COMPANY	common stock	755111507	10,754	82,000	SH		OTR	1	82,000	0	0
RESIDEO TECHNOLOGIES, INC.	common stock	76118Y104	2	358	SH		SOLE		358	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	342	2,266	SH		SOLE		2,266	0	0
ROCKWELL AUTOMATION, INC.	common stock	773903109	4,021	26,645	SH		OTR	1	26,645	0	0
SABRE CORPORATION	common stock	78573M104	1	100	SH		SOLE		100	0	0
SCHLUMBERGER LIMITED	common stock	806857108	153	11,368	SH		SOLE		11,368	0	0
SCHLUMBERGER LIMITED	common stock	806857108	850	63,000	SH		OTR	1	63,000	0	0
SPECTRUM BRANDS HOLDINSG, INC.	common stock	84790A105	1	15	SH		SOLE		15	0	0
SS&C TECHNOLOGIES HLDGS,INC.	common stock	78467J100	48	1,100	SH		SOLE		1,100	0	0
STATE STREET CORP.	common stock	857477103	442	8,295	SH		SOLE		8,295	0	0
STATE STREET CORP.	common stock	857477103	4,866	91,350	SH		OTR	1	91,350	0	0
STERLING BANCORP	common stock	85917A100	1	131	SH		SOLE		131	0	0
TD AMERITRADE HOLDING CORPORAT	common stock	87236Y108	10	300	SH		SOLE		300	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	313	4,975	SH		SOLE		4,975	0	0
TE CONNECTIVITY LTD.	common stock	H84989104	4,018	63,800	SH		OTR	1	63,800	0	0
TENCENT HOLDINGS LTD. - UNS AD	common stock	88032Q109	941	19,166	SH		SOLE		19,166	0	0
TENCENT HOLDINGS LTD. - UNS AD	common stock	88032Q109	2,803	57,100	SH		OTR	1	57,100	0	0
TEXAS INSTRUMENTS, INC.	common stock	882508104	127	1,267	SH		SOLE		1,267	0	0
TEXAS INSTRUMENTS, INC.	common stock	882508104	1,579	15,800	SH		OTR	1	15,800	0	0
TRAVELCENTERS OF AMERICA	common stock	894174101	3	340	SH		SOLE		340	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	655	6,590	SH		SOLE		6,590	0	0
TRAVELERS COMPANIES, INC.	common stock	89417E109	7,665	77,148	SH		OTR	1	77,148	0	0
TRIP.COM GROUP LTD.	common stock	89677Q107	89	3,784	SH		SOLE		3,784	0	0
TRIP.COM GROUP LTD.	common stock	89677Q107	971	41,412	SH		OTR	1	41,412	0	0
U.S. BANCORP	common stock	902973304	2,203	63,958	SH		SOLE		63,958	0	0
U.S. BANCORP	common stock	902973304	3,588	104,163	SH		OTR	1	104,163	0	0
UDR, INC.	common stock	902653104	24	648	SH		SOLE		648	0	0
UNION PACIFIC CORPORATION	common stock	907818108	1,850	13,120	SH		SOLE		13,120	0	0
UNION PACIFIC CORPORATION	common stock	907818108	13,561	96,147	SH		OTR	1	96,147	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	3,297	34,955	SH		SOLE		34,955	0	0
UNITED TECHNOLOGIES CORPORATIO	common stock	913017109	5,389	57,127	SH		OTR	1	57,127	0	0
UNITEDHEALTH GROUP, INC.	common stock	91324P102	759	3,045	SH		SOLE		3,045	0	0
UNIVERSAL DISPLAY CORP.	common stock	91347P105	3	25	SH		SOLE		25	0	0
VAIL RESORTS, INC.	common stock	91879Q109	10	70	SH		SOLE		70	0	0
VALLEY NATIONAL BANCORP	common stock	919794107	10	1,400	SH		SOLE		1,400	0	0
VERISIGN, INC.	common stock	92343E102	66	365	SH		SOLE		365	0	0
VERIZON COMMUNICATIONS	common stock	92343V104	46	860	SH		SOLE		860	0	0
VISA INC.	common stock	92826C839	1,065	6,611	SH		SOLE		6,611	0	0
VISA INC.	common stock	92826C839	6,403	39,742	SH		OTR	1	39,742	0	0
ViacomCBS INC. - CLS B	common stock	92556H206	85	6,074	SH		SOLE		6,074	0	0
WALGREENS BOOTS ALLIANCE, INC.	common stock	931427108	2,749	60,084	SH		SOLE		60,084	0	0
WALGREENS BOOTS ALLIANCE, INC.	common stock	931427108	5,160	112,788	SH		OTR	1	112,788	0	0
WALT DISNEY CO/THE	common stock	254687106	7,873	81,498	SH		SOLE		81,498	0	0
WALT DISNEY CO/THE	common stock	254687106	13,533	140,088	SH		OTR	1	140,088	0	0
WELLS FARGO & COMPANY	common stock	949746101	3,151	109,787	SH		SOLE		109,787	0	0
WELLS FARGO & COMPANY	common stock	949746101	4,912	171,140	SH		OTR	1	171,140	0	0
WERNER ENTERPRISES, INC.	common stock	950755108	13	350	SH		SOLE		350	0	0
WESTROCK COMPANY	common stock	96145D105	16	553	SH		SOLE		553	0	0
WHITE MOUNTAINS INSURANCE GROU	common stock	G9618E107	159	175	SH		SOLE		175	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	95	6,679	SH		SOLE		6,679	0	0
WILLIAMS COMPANIES, INC.	common stock	969457100	1,139	80,500	SH		OTR	1	80,500	0	0
WYNN RESORTS LTD.	common stock	983134107	23	390	SH		SOLE		390	0	0
iSHARES RUSSELL MIDCAP INDEX	common stock	464287499	155	3,600	SH		SOLE		3,600	0	0
iSHARES US PREFERRED STOCK ETF	common stock	464288687	6	200	SH		SOLE		200	0	0
BRISTOL MYERS SQUIBB CO.- CVR	RIGHT	110122157	14	3,673	SH		SOLE		3,673	0	0
BRISTOL MYERS SQUIBB CO.- CVR	RIGHT	110122157	142	37,400	SH		OTR	1	37,400	0	0